KARACHI, June 26 (TNF): Japanese heavy machinery giant Komatsu is set to invest $100 million to establish a state-of-the-art maintenance and service facility for mining equipment in Karachi, according to a report by Nikkei Asia.
The new entity, to be named Komatsu Pakistan Mining (SMC-Private) Limited, is expected to be operational by the end of 2025. The facility will provide inspection, repair, and maintenance services for large-scale mining machinery and is part of Komatsu’s broader strategy to strengthen its presence in Pakistan’s rapidly developing mining sector.
The report highlights that the hub will eventually employ around 500 engineers and operators, reflecting Komatsu’s long-term commitment to supporting industrial growth in the region. Komatsu already operates a software development centre in Pakistan, and this new investment further deepens its operational footprint in the country.
On Wednesday, Komatsu also announced that it has signed a $440 million supply contract with Barrick Gold Corporation, a Canadian mining company, for the development of the Reko Diq gold and copper mine in Balochistan. Under this agreement, Komatsu will begin supplying mining equipment to the project starting in fiscal 2026.
“Valued at $440 million over the first five years, the deal marks Komatsu’s first major mining equipment placement in its Middle East territory and underscores the strengthening partnership between the two companies,” Komatsu said in an official statement.
To support operations at Reko Diq, the company said it will establish Komatsu Pakistan Mining as a dedicated service and technical support unit. In parallel, additional investments will also be made into Komatsu Middle East FZE, the company’s regional headquarters in Dubai, to support its growing equipment footprint in the broader region.
The Reko Diq project, regarded as one of the world’s largest undeveloped copper-gold deposits, is jointly owned by Barrick Gold (50%) and the government of Pakistan and the province of Balochistan (50%). The mine’s development is expected to contribute significantly to Pakistan’s economic growth, foreign investment inflows, and job creation.
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